FGB Hospitality Expansion Loan
The FGB Hospitality Expansion Loan is designed for hoteliers to increase their accommodation and revenue through expansion. Offer your guests the best when you expand with an FGB Hospitality Expansion loan today!
Features & Benefits
- Borrow up to J$150 Million or up to 80% of project cost
- Competitive interest rates as low as 18.75%
- Flexible repayment options with up to 10 years to repay
- Payment holiday available for up to 12 months*
Terms & Conditions
*Conditions apply. Moratorium is considered on a case-by-case basis and is subject to approval.
- For project financing, customers must provide 20% of the cost
- The account will be subject to annual reviews and attract an annual review fee of 0.5%
- The main operating account must be maintained at FGB and may be opened after the loan is approved